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Bitcoin Is Down, But These 3 Altcoins Could Hit New Highs This Weekend

The(*3*) has shaken the crypto market, triggering a widespread selloff after the trade reported roughly $6.3 billion in losses. Yet three main altcoins stay surprisingly near their all-time highs. 

Hyperliquid (HYPE), LEO Token (LEO), and WhiteBIT Coin (WBT) are all inside 17% of their earlier information.

Technical evaluation suggests HYPE has the strongest probability of reaching a brand new high. LEO can also be exhibiting bullish momentum, whereas WBT faces a vital take a look at that would decide its subsequent transfer.

1. Hyperliquid (HYPE): Wall Street Deal Could Push Price Above $100

HYPE has emerged as one of many strongest performers throughout the selloff.

The token rallied following a deal between Intercontinental Exchange (ICE) and trade[XYZ], which operates perpetual futures markets on Hyperliquid. 

The settlement might deliver regulated US buying and selling exercise onto the community, topic to approval.

HYPE every day chart. Source: TradingView

At $90.66, HYPE is simply 7.4% under its September report of $97.99.

Its technical outlook is encouraging. HYPE reclaimed the necessary $85.19 degree on October 29, accompanied by its highest buying and selling quantity since August. Its Relative Strength Index (RSI), which measures value momentum, has climbed to 65.

However, sellers have repeatedly emerged close to $97.

What the worth evaluation suggests:

  • Bullish goal: A every day shut above 93–95 might push HYPE towards $97.99, adopted by $104.
  • Bearish threat: Losing $85.19 might set off a retreat towards $75.14.

2. LEO Token (LEO): Strong Rally Faces an Overheating Warning

LEO has additionally resisted the broader market weak spot, buying and selling at $9.46, simply 9.3% under its $10.43 report.

The token broke out of a month-long buying and selling vary on October 29 after repeatedly discovering help close to $8.91.

But there’s a warning signal.

LEO every day chart. Source: TradingView

LEO’s RSI has surged to 80, its highest since April. This signifies highly effective shopping for momentum, though it additionally suggests the rally could also be overheating.

The fast impediment is resistance round 9.49–9.60, the place earlier rallies have struggled.

What occurs subsequent?

  • Bullish goal: A breakout above $9.60 might ship LEO towards $9.80 and finally its $10.43 ATH.
  • Bearish threat: Rejection close to $9.49 might deliver one other decline towards $8.91.

3. WhiteBIT Coin (WBT): Can Buyers Stop the Decline?

WBT presents the riskiest outlook among the many three.

Trading at $73.76, the token is 16.3% under its September report of $88. Unlike HYPE and LEO, its current value motion has been bearish.

Selling quantity has surged, whereas the RSI has dropped towards 30, approaching oversold territory. The token has additionally shaped progressively decrease highs.

WBT every day chart. Source: TradingView

The decline comes amid heightened exchange security concerns following the Binance assault, though no direct connection to WBT’s promoting strain has been established.

Still, a possible restoration stays potential if its present help holds.

Two value eventualities stand out:

  • Bullish goal: Holding the 73–75 help zone might enable WBT to get better towards $86, with $88 remaining the report to beat.
  • Bearish threat: A break under $70.48 might speed up losses towards $65.08.

For now, HYPE seems greatest positioned to problem its report. LEO wants to beat resistance, whereas WBT should stabilize earlier than a significant restoration turns into probably.

The submit Bitcoin Is Down, But These 3 Altcoins Could Hit New Highs This Weekend appeared first on BeInCrypto.

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